Experts see Thai stocks as acquiring from Chinese stimulus

Experts see Thai stocks as acquiring from Chinese stimulus

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PUBLISHED : 28 Sep 2024 at 05: 32 Listen to this shortarticle Pi Securities anticipates the petrochemical, tourist, productpackaging and rubber sectors will advantage from China’s stimulus procedures to assistance its flagging economy. China’s financial stimulus oughtto advantage anumberof Thai markets indirectly and supply favorable belief in the capital and cash markets, pressing up the Thai bourse to 1,500 points, state experts. Kasikorn Research Center (K-Research) stated China’s stimulus is divided into 3 parts: procedures to assistance the stock market, genuine estate, and interest rate cuts. “A significant issue with the Chinese economy is low self-confidence,” stated the believe tank. “The current steps still absence a driver for domestic intake, which is important for financial healing.” The siz
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